0001225208-20-001292.txt : 20200129 0001225208-20-001292.hdr.sgml : 20200129 20200129174140 ACCESSION NUMBER: 0001225208-20-001292 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200127 FILED AS OF DATE: 20200129 DATE AS OF CHANGE: 20200129 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KING KELLY S CENTRAL INDEX KEY: 0001195189 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10853 FILM NUMBER: 20559244 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRUIST FINANCIAL CORP CENTRAL INDEX KEY: 0000092230 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 560939887 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 214 NORTH TRYON STREET CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 3367332000 MAIL ADDRESS: STREET 1: 214 NORTH TRYON STREET CITY: CHARLOTTE STATE: NC ZIP: 28202 FORMER COMPANY: FORMER CONFORMED NAME: BB&T CORP DATE OF NAME CHANGE: 19970527 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHERN NATIONAL CORP /NC/ DATE OF NAME CHANGE: 19920703 4 1 doc4.xml X0306 4 2020-01-27 0000092230 TRUIST FINANCIAL CORP TFC 0001195189 KING KELLY S 214 N. TRYON STREET CHARLOTTE NC 28202 1 1 Chairman and CEO Common Stock 2020-01-27 4 A 0 38635.0000 0.0000 A 395462.7470 D Common Stock 2020-01-27 4 A 0 11906.0000 0.0000 A 407368.7470 D Common Stock 2020-01-27 4 A 0 10977.0000 0.0000 A 418345.7470 D Common Stock 2020-01-27 4 A 0 9792.0000 0.0000 A 428137.7470 D Common Stock 9880.5090 I By 401(k) Common Stock 106707.4490 I By IRA Common Stock 56131.2800 I By Spouse Stock Option (right to buy) 32.1000 2017-03-15 2026-02-23 Common Stock 155555.0000 155555.0000 D Stock Option (right to buy) 37.5500 2015-02-25 2024-02-25 Common Stock 71611.0000 71611.0000 D Stock Option (right to buy) 38.2200 2016-03-15 2025-02-24 Common Stock 120714.0000 120714.0000 D On February 21, 2017, the reporting person was granted 32,928 performance-vested restricted stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2017 through December 31, 2019) performance period's ROCE and TSR performance measures. Transaction represents the satisfaction of performance measures at greater than the Target Level of Achievement, resulting in 38,635 shares being earned. On February 26, 2019, the reporting person was granted 35,719 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2020, 2021, and 2022. The performance criteria for 2020 were met, resulting in 11,906 restricted stock units being earned. On February 21, 2017, the reporting person was granted 32,928 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2018, 2019, and 2020. The performance criteria for 2020 were met, resulting in 10,977 restricted stock units being earned. On February 20, 2018, the reporting person was granted 29,376 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2019, 2020, and 2021. The performance criteria for 2020 were met, resulting in 9,792 restricted stock units being earned. Includes 78.897 shares acquired between October 1, 2019 and December 31, 2019, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated October 1, 2019 through December 31, 2019. On February 23, 2016, the reporting person was granted an option to purchase 155,555 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2019 were met, resulting in 51,852 options being earned. On February 25, 2014, the reporting person was granted an option to purchase 71,611 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2017 were met, resulting in 23,873 options being earned. On February 24, 2015, the reporting person was granted an option to purchase 120,714 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2018 were met, resulting in 40,239 options being earned. Carla Brenwald, Attorney-in-fact 2020-01-29